** Intraday Setup for BPCL **

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** Trade Plan **
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Setup :> Here there is a Support & Resistance Zones . So be an Intraday Trader in the stock.

Entry :> Should be done on the Closest or on the Support Zone. Price Range in the chart above.

Exit/ Target :> Possibly the nearest Resistance shown in the chart.

Stoploss :> Stoploss should be kept just below the support zone.
Risk : Reward. :> Very Good (1:6)

Position Sizing & Instrument to use :> Depends on the capital and BUY in the Cash Segment i mean equity only.

The Trade :> The Stock is looking to make an upside on an intraday chart of 5 mins. Our Task is to buy the stock as near as possible to the support zone.
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After touching the Support zone it moved towards the resistance , but because of the selling pressure in the index it came down ..
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Hello Traders Happy to see this that we are making money.
BPCLbpclanalysisbpcllongnifty50Supply and DemandSupport and ResistanceTrend Analysis

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